Knight Frank is pleased to offer for sale this highly affordable blue chip industrial investment, located in a popular industrial location within Quoiba.
Situated on a site of 2,036 sqm (Approx.), the building of 643 sqm (Approx.) comprises a modern office/showroom and warehouse with drive through access, substantial concrete hardstand and a rear crushed rock storage area.
The property has been fully leased to Elders Rural Services Australia Limited since 1 October 2010, with recent agreement on a term of 3 years from 1 October 2020 with a further option of 2 years. Rental from 1 October 2020 is $37,609.68 + GST and outgoings. In addition to the base rental, the tenant pays $680.30 per month to the Landlord based on capital works completed by the Landlord in 2010 to install the showroom component for Elders.
Estimated Net Income $36,789 (before owners outgoings).
For further information or to arrange an inspection, please contact Nicholas Bond of Knight Frank.
The size of Quoiba is approximately 3.9 square kilometres. There are 8 parks, covering nearly 16.9% of the total area. The population of Quoiba in 2016 was 427 people. By 2021 the population was 427 showing a stable population in the area during that time. The predominant age group in Quoiba is 50-59 years. Households in Quoiba are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Quoiba work in a trades occupation.In 2021, 84.60% of the homes in Quoiba were owner-occupied compared with 82.80% in 2016.
Quoiba has 317 properties. Over the last 5 years, Houses in Quoiba have seen a 50.73% increase in median value. As at 30 June 2026:
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